SABELCO

Active

Public limited companyfounded 1980active for 46 yearsRue de la Croix 12-14, 1420 Braine-l'Alleud, BelgiumKBO/BCE: BE 0420.615.655

Summary

The computed 12-month bankruptcy probability of SABELCO is 8.5% (elevated). For SABELCO, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €6,070 and a net result of -€26,343. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 14,762 sector peers (NACE 46, financial year 2023). The company has been active since 1980 and the Belgian Official Gazette contains no insolvency or warning signals.

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SABELCOActive

Risk analysis Report Compare

Activity

Wholesale trade

NACE 46110

1 site

Size

€185,801total assets 2023

Equity: €6,070
Loss: -€26,343

Financial health

Bankruptcy probabilitywithin 12 months: 8.5%

2023 figures too old to score

Structure

VITRERIE MARCHALDirector · permanent representative Rose (dite Sonia) MARCHAL

2024 accounts not filed, 452 days past the deadline1 of 4 deeds summarised

Signalsraises riskFigures for financial year 2023 (filed 11-09-2024)2 financial years not filed after the legal deadline; last filed accounts filed 42 days late; 2 of the last 3 lateLiquidity: current ratio 0.88, cash €1,291Two or more financial years not filed2023 accounts filed 42 days latelowers riskSize: total assets €185,801Show the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Financial strength, FY 2023 · tick = 2022

Weak

Solvency 28-14

equity 3.3% of total assets

Liquidity 1-4

short-term debt 96.7% · cash 0.7%

Profitability 1+1

return on assets -14.2%

Bankruptcy probability, 12 months

8.5% Elevated

0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,883 companies, NACE 46, micro)

Last 24 months 11-2024: 1.2% 12-2024: 1.2%● unchanged vs 11-2024 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.1%▼ -0.1 percentage points vs 02-2025lowest value 04-2025: 1.2%▲ +0.1 percentage points vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.3%▲ +0.1 percentage points vs 05-2025 07-2025: 1.5%▲ +0.2 percentage points vs 06-2025 08-2025: 1.9%▲ +0.4 percentage points vs 07-2025 09-2025: 1.9%● unchanged vs 08-2025 10-2025: 2.2%▲ +0.3 percentage points vs 09-2025 11-2025: 2.4%▲ +0.2 percentage points vs 10-2025 12-2025: 3.0%▲ +0.6 percentage points vs 11-2025 01-2026: 5.4%▲ +2.4 percentage points vs 12-2025 02-2026: 5.4%● unchanged vs 01-2026 03-2026: 5.9%▲ +0.5 percentage points vs 02-2026 04-2026: 5.3%▼ -0.6 percentage points vs 03-2026 05-2026: 5.3%● unchanged vs 04-2026 06-2026: 6.2%▲ +0.9 percentage points vs 05-2026 07-2026: 6.2%● unchanged vs 06-2026 08-2026: 7.8%▲ +1.6 percentage points vs 07-2026 09-2026: 7.8%● unchanged vs 08-2026 10-2026: 8.5%▲ +0.7 percentage points vs 09-2026highest value

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Signals

Six signals.

lowers riskraises risk

Figures for financial year 2023 (filed 11-09-2024)

NBB · annual accounts

2 financial years not filed after the legal deadline; last filed accounts filed 42 days late; 2 of the last 3 late

NBB · filings

Liquidity: current ratio 0.88, cash €1,291

NBB · annual accounts

Size: total assets €185,801

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Two or more financial years not filed

Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 10 filings

Position against the passed deadline

31-12-2024 year end31-07-2025 deadline26-10-2026 today

2023 accounts filed 42 days late

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 11-09-2024, 42 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

42 days late

2022

32 days late

2021

4 days early

2020

1 day early

2019

44 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 5 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

11-09-2024 Annual accounts filedfinancial year 2023 · micro…
02-01-2024 Resignations: VITRERIE MARCHAL (director) and Rose…Appointment: VITRERIE MARCHAL (sole director)…
01-09-2023 Annual accounts filedfinancial year 2022 · micro…

Key points

Risk: 2024 accounts not fileddeadline was 31-07-2025 452 days past the deadline View
Caution: Among the weakest 10% on net resultsector median €5,173 · 14,756 companies -€26,343 View
Caution: 2 loss-making years in a rowloss financial year 2023 -€26,343 View
Active since 1980founded 01-07-1980 46 years View

By topic

Financials

Financial year: 2023
Total assets: €185,801
Loss: -€26,343
Solvency: 3.3%

Total assets▼ 1.8%

Net result

20182023

Go to Financials

Board & ownership

Board: 1 member

VITRERIE MARCHALDirector

Go to Board & ownership

Timeline

Events: 46
Since: 1982

27-07-2022Annual accounts filed
31-12-2021Back to profit
30-07-2021Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Wholesale tradeNACE 46110
Founded: 01-07-1980
Year ends: 31-12
Peppol: Not found in the Peppol directory

Go to Company details

Articles of association

Provisions read: 35

Who signs: The sole director
Annual meeting: Fourth Tuesday of May at 15:00
Purpose: “La société a pour objet l’étude,la mise au point,la fabrication,la construction,l’étude de…” (deed in French)

Go to Articles of association

Key facts about SABELCO

What is the company number of SABELCO?: 0420.615.655. In Belgium the VAT number is the company number with BE in front: BE 0420.615.655.
Where is SABELCO based?: The registered office is at Rue de la Croix 12-14, 1420 Braine-l'Alleud.Company details
What does SABELCO do?: According to the KBO register, the main activity is wholesale trade (NACE 46110).
What is the legal form of SABELCO?: Public limited company (NV).
When was SABELCO founded?: On 01-07-1980.
Is SABELCO still active?: Yes, SABELCO is an active enterprise in the KBO register.
What is the turnover of SABELCO?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is SABELCO profitable?: In financial year 2023, SABELCO made a loss of €26,343.
Where can I find the annual accounts of SABELCO?: SABELCO filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2023.